We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| De La Rue Plc | LSE:DLAR | London | Ordinary Share | GB00B3DGH821 | ORD 44 152/175P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 1.00 | 0.83% | 121.50 | 983,776 | 16:35:05 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 120.50 | 122.50 | 122.50 | 119.00 | 119.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Commercial Printing, Nec | 310.3M | -20M | -0.1020 | -12.01 | 236.23M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:05 | UT | 12,718 | 121.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 10/3/2025 | 10:43 | UK RNS | Ennismore Fund Management Limited Form 8.3 - De La Rue plc |
| 07/3/2025 | 12:30 | UK RNS | Ennismore Fund Management Limited Form 8.3 -De La Rue plc |
| 07/3/2025 | 09:54 | UK RNS | Cavendish Securities PLC Form 8.5 (EPT/NON-RI) |
| 06/3/2025 | 14:30 | UK RNS | Ennismore Fund Management Limited Form 8.3 - De La Rue plc |
| 06/3/2025 | 11:58 | UK RNS | Crystal Amber Fund Limited Form 8.3 - De La Rue plc |
| 06/3/2025 | 11:33 | UK RNS | Royal London Asset Management Ltd Form 8.3 - De La Rue plc |
| 06/3/2025 | 09:30 | UK RNS | Cavendish Securities PLC Form 8.5 (EPT/NON-RI) |
| 05/3/2025 | 18:09 | ALNC |  De La Rue hails strong currency activity as order book grows |
| 05/3/2025 | 16:11 | UK RNS | De La Rue PLC Rule 2.9 Announcement |
| 05/3/2025 | 12:36 | UK RNS | J & E Davy (UK) Limited Form 8.5 De La Rue Plc |
De La Rue (DLAR) Share Charts1 Year De La Rue Chart |
|
1 Month De La Rue Chart |
Intraday De La Rue Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 06/3/2025 | 12:48 | *** De La Rue *** | 3,155 |
| 14/4/2023 | 20:03 | De La Rue - world 's largest commercial security printer and papermaker | 1,350 |
| 15/3/2021 | 08:29 | DLAR blockchain - breaking out | 2 |
| 22/11/2005 | 13:57 | The Official De La Rue Thread | 110 |
| 19/2/2003 | 00:16 | De La Rue - Wins the right to pring UK Bank Notes.. Should virtually double .. | 2 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 16:35:05 | 121.50 | 12,718 | 15,452.37 | UT |
| 16:26:44 | 122.50 | 2,853 | 3,494.93 | AT |
| 16:23:31 | 122.50 | 1,763 | 2,159.68 | AT |
| 16:23:31 | 122.50 | 76 | 93.10 | AT |
| 16:21:33 | 122.50 | 2,535 | 3,105.38 | AT |
| Top Posts |
|---|
Posted at 10/3/2025 08:20 by De La Rue Daily Update De La Rue Plc is listed in the Commercial Printing, Nec sector of the London Stock Exchange with ticker DLAR. The last closing price for De La Rue was 120.50p.De La Rue currently has 196,038,354 shares in issue. The market capitalisation of De La Rue is £240,146,984. De La Rue has a price to earnings ratio (PE ratio) of -12.01. This morning DLAR shares opened at 119p |
Posted at 05/3/2025 11:04 by argylerich Richard Bernstein@CrystalAmberRB1 A microcosm of the inertia within UK mid-caps with De La Rue's update. Since September, the order book has jumped from £252m to £347m, there's significantly higher growth than guided in November and there are ongoing discussions which may lead to cash offers- plural. The share price: unchanged at 121.5p! Unless we see capital reallocated to UK companies, many more bids for UK plc are inevitable. Our price target for De La Rue has been 150p but with today's update and the potential for a bidding war, that may prove to be conservative. |
Posted at 26/2/2025 17:04 by wbodger 8 million is about 4%, which is what the Thursday-dated Form 8.3 declared. They are down to 6 65% of DLAR voting shares.I agree with TAS above, that's what CRS are doing. If Morphic Med is worth what their NAV statements say, it makes sense to use any spare cash to buy back their own shares. It would be unwise if someone wanted to make a £1.50 offer on DLAR, but CRS aren't going to wait. (It doesn't mean it won't happen, just not in CRS's time frame.) |
Posted at 21/2/2025 16:38 by tas11osc CRS probably see higher upside on Morphic Medical than on DLAR at this point in time so they are using proceeds from DLAR sales to buy back their own shares in anticipation of a MM payday |
Posted at 21/2/2025 09:10 by briggs1209 I hold both DLAR and CRS. CRS's entry price on DLAR is such that I think they will take an exit at 120p rather than gamble getting 150p - or having to wait a lot longer. Remember CRS are being forced by activist investors to liquidate (slowly). |
Posted at 19/2/2025 21:22 by wbodger Re. October 15th RNS, my reading is that a Put and Call clause has already been agreed.The Transaction is to be implemented under a put and call option agreement entered into between De La Rue Holdings and the Crane NXT Purchasers on 15 October 2024 (the "P&C Agreement"). The effect of P&C Agreement is to entitle either party to require the other to proceed with the Transaction upon satisfaction of certain conditions. On satisfaction of those conditions, the parties will enter into a share purchase agreement (the "Share Purchase Agreement"), the terms of which have been agreed between De La Rue Holdings and the Crane NXT Purchasers under the P&C Agreement. Also there's this: The Crane NXT Purchasers have the right to terminate the P&C Agreement in the event that the conditions referred to above (including successful implementation of the Reorganisation) are not satisfied by a long-stop date of 6 April 2025. This long-stop date may be extended by either party for a period of up to 40 business days, depending on the nature of any conditions that remain to be satisfied at the initial long-stop date. Finally, this matters: The Transaction, because of its size in relation to De La Rue … for the purposes of the UK Listing Rules … [etc ]…is not subject to shareholder approval. It's pretty binding, as I read it. I don't expect DLAR or Crane to be reluctant to complete, there is just a lot to do. So some sort of extension might be agreed. |
Posted at 04/2/2025 15:49 by zcaprd7 On 9 January 2025, De La Rue announced that it had received a preliminary possible conditional cash offer from the PSFC Entities of £1.25 per share for the entire issued and to be issued share capital of the Company (the "Possible Cash Offer"), with the Possible Cash Offer being conditional, amongst other things, on the successful completion of the already announced planned sale of the Authentication division to Crane NXT, Co., waivable at the PSFC Entities' discretion. Discussions with the PSFC Entities are continuing. The PSFC Entities are now proposing a transaction structure including the issuance of a debt instrument to PSFC Entities and a share buyback (the "Share Buyback") by the Company at £1.25 per share which if completed would therefore result in control passing to the PSFC Entities. Any such Share Buyback would be conditional on, amongst other things, satisfactory completion of the previously announced sale of the Authentication division to Crane NXT, Co., agreement being reached between the De La Rue Pension Fund Trustees and PSFC Entities to derisk the Company's defined benefit pension scheme and requisite approvals from Shareholders (including those required under the Takeover Code), waivable at the PSFC Entities' discretion. At this time there can be no certainty as to the PSFC Entities' proposed transaction structure nor whether any such Share Buyback will be made. Since its announcement of 9 January 2025, the Board of De La Rue (the "Board") has also received preliminary approaches from separate third parties (in addition to the proposals received from the PSFC Entities referenced above) that may or may not result in possible cash offers for the Company. In this context, the Board has unanimously concluded that it would be appropriate to investigate the sale of the Company and therefore has now decided to commence a "Formal Sale Process" for the Company (as referred to in Note 2 on Rule 2.6 of the Takeover Code) (the "Formal Sale Process"). The Board has received confirmation that the parties above (including the PSFC entities) have agreed to be included in the Formal Sale Process. As previously disclosed and prior to commencing the Formal Sale Process, the Company commenced discussions with various potential counterparties in relation to the Currency division. For clarity, the Company remains in discussions with parties in relation to the Currency division and is also making significant steps towards concluding the sale of the Authentication division to Crane NXT, Co. Formal Sale Process The Takeover Panel has agreed that any discussions with the PSFC Entities (and their proposal) and other third parties in relation to an offer for the Company will take place within the context of a "Formal Sale Process" (as referred to in Note 2 on Rule 2.6 of the Takeover Code). As such, the Takeover Panel has agreed that the deadline for the PSFC Entities under Rule 2.6(c) of the Takeover Code set out in the announcement of 9 January 2025 no longer applies. As part of the Formal Sale Process, the Board invites expressions of interest from interested parties regarding a potential transaction for the entire issued and to be issued ordinary share capital of the Company. The Formal Sale Process is being managed by Deutsche Numis, who are also advising the Board in respect of their obligations under the Takeover Code. Parties interested in submitting an expression of interest should contact Deutsche Numis using the contact details below. It is currently expected that any party interested in submitting any form of proposal for consideration inconnection with the Formal Sale Process will, at the appropriate time, enter into a non-disclosure agreement and standstill arrangement with the Company on terms satisfactory to the Board and on the same terms, in all material respects, as other interested parties before being permitted to participate in the process. The Company then intends to provide such interested parties with certain information on its business, following which interested parties shall be invited to submit their proposals. The Company expects interested parties to submit expression of interest by 31 March 2025. The Takeover Panel has granted a dispensation from the requirements of Rules 2.4(b) and 2.6(a) of the Takeover Code such that any interested party participating in the formal sale process will not be required to be publicly identified as a result of this announcement and will not be subject to the 28 day deadline referred to in Rule 2.6(a) of the Takeover Code for so long as it is participating in the formal sale process. The Board reserves the right to alter any aspect of the process as outlined above or to terminate the process at any time and in such cases will make an announcement as appropriate. The Board also reserves the right to reject any approach or terminate discussions with any interested party at any time. Shareholders are advised that this announcement does not represent a firm intention by any party to make an offer under Rule 2.7 of the Takeover Code and there can be no certainty that any offers will be made as a result of the formal sale process, that any sale will be concluded, nor as to the terms on which any offer may be made. Shareholders are advised to take no action at this time. As a consequence of this announcement, the Offer Period continues in respect of the Company in accordance with the Takeover Code, and the attention of shareholders is drawn to the disclosure requirements of Rule 8 of the Takeover Code, which are summarised below in "Disclosure Requirements |
Posted at 18/12/2024 21:45 by nigelpm It's looking increasingly likely given the share priceThe share price is not a guide to the likely chance of a bid. |
Posted at 18/12/2024 12:06 by jensen10 It's looking increasingly likely given the share price is moving in the opposite direction to the 'offer' of 1.25 that CEO has intentionally made public as they are clearly time wasters who have spent several months talking to the company with little in the way of agreement of terms etc. Good way to move on |
Posted at 13/11/2024 14:13 by wbodger That's not how a tender offer works. CA have one sixth of the Shares, about 33 million, so they would be offered (like everyone else) £1.50 a share for 25% of their holding. Ie £1.50 for each of 8,250,000 shares (a quarter of 33 million), and everyone's remaining shareholding including CA's retained 24,750,000 would continue to trade, probably at a much lower price because (using your figure) £75 million of DLAR's cash had been spent.CA would still own one sixth of DLAR's Market Cap, and still have exactly the same influence on the Board. Your suggestion is a method of favouring one shareholder over the others. Not blooming' likely. |
Posted at 27/7/2024 10:36 by mickyl M&A code if anyone is interested. It’s a bit long winded but worth a read.The activity in the market may force DLR to reveal the interested parties. 3.5 Secrecy, announcements, offer periods and the "put up or shut up" rule Before any public announcement of a bid, the Takeover Code requires absolute secrecy. The object of this rule is to avoid the risk of a false market. Agreed code names should therefore always be used for all parties in place of their real names from the moment any takeover is under consideration. Advisers are required to warn their clients of the utmost importance of maintaining secrecy. The Takeover Code requires a bid to be put forward, in the first instance, to the board of the target. The identity of the bidder must be disclosed. A number of provisions of the Takeover Code apply only during an "offer period". This is the period starting from the first announcement of a bid or of a possible bid until either (i) all announced bids and potential bids have lapsed or been withdrawn or (ii) the bid has completed. The fact that the first announcement will commence an offer period makes the timing of this announcement particularly important. An announcement is required by the Takeover Code: when a firm intention to make a bid is notified to the target board by or on behalf of a bidder, irrespective of the target board's attitude to the bid; when a person acquires an interest in shares which takes their aggregate interests to 30% or more and they are obliged to make a mandatory bid (see 4.4); when, following an approach by or on behalf of a potential bidder to the target board, there is rumor and speculation or an untoward (generally 5% or more) movement in the target's share price; when, after a potential bidder first actively considers a bid but before an approach has been made to the target board, the target is the subject of rumor and speculation or there is an untoward movement in its share price and there are reasonable grounds for concluding that it is the potential bidder's actions (whether through inadequate security or otherwise) which have led to the situation; when negotiations or discussions are about to be extended beyond a very restricted number of people, i.e., outside those who need to know in the companies concerned and their immediate advisers; or when a purchaser is being sought for an interest, or interests, in shares carrying in aggregate 30% or more of the voting rights of a company or when the board of a company is seeking one or more potential bids, and: the company is the subject of rumor and speculation or there is an untoward movement in its share price; or the number of potential purchasers or bidders approached is about to be increased to include more than a very restricted number of people. Before a potential bidder approaches the target board, the potential bidder is responsible for making any required announcement. Following an approach to the target board, the target will be responsible for making any required announcement unless it has unequivocally rejected any approach (in cases of doubt, the Panel should be consulted). Such an announcement (known as a "possible offer announcement") need only be a short announcement stating, for example, that the target has received an approach "which may or may not lead to an offer being made for the company". However, any announcement by the target must disclose the identity of all potential bidders who have approached it, unless such approach has been unequivocally rejected, and will specify a 28-day "put up or shut up" deadline by which the potential bidder must clarify its intentions either by stating that it won't make a bid or by making a firm intention announcement committing it to launch a formal bid. This is known as a "2.7 announcement" as it is pursuant to Rule 2.7 of the Takeover Code. While the possible offer announcement could go into more detail, e.g., in respect of the terms of the bid, there may be consequences of doing so under the Takeover Code, e.g., the bidder may be held to those terms, and careful thought will need to be given to the wording and consequences of any announcement. A potential bidder can generally avoid making an announcement when there is rumor or speculation regarding its intentions by stopping active consideration of the bid (subject to Panel dispensation, which is usually granted). The potential bidder may thereafter not actively consider making a bid for the target for a period of six months, except in certain limited circumstances. However, the Panel can still require an announcement to be made if rumor or speculation continues in relation to the potential bidder. Once a 2.7 announcement of a firm intention to make a bid has been made, a bidder must (unless it obtains Panel consent to do otherwise) proceed with the bid and publish the full and detailed offer document within 28 days after that announcement.However A person making a statement that they do not intend to make a bid will normally be bound by that statement for a period of six months. This is often referred to as a "2.8 statement" as it is subject to Rule 2.8 of the Takeover Code. Any such statement must be clear and unambiguous. It is essential that parties involved in making public bids are aware of this principle |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
